Achieving the status of the Most Innovative Company of the Year is what most businesses aspire to. Innovation-centric research by Boston Consulting Group (BCG) in 2014—comprising of over 750 businesses in 17 different markets—brought to light some striking insights, in addition to rating the most innovative companies of the year. The organizations that grabbed top […]
Tag Archives | management
How Do the Subject Matter Experts (Porter, Mintzberg, & More) Define Strategy?
Strategy is about the methods used to attain goals. It’s the “how” of achieving goals—desired future conditions and circumstances towards which effort and resources are spent until their achievement. If Strategy has any meaning at all, it is in relation to some aim or end in view. Strategy is 1 of the 4 dimensions of […]
4 Leadership Mindsets Imperative to Win in the New Economy
Technology, Internet, growth, and globalization have metamorphosed the way we work, play, and live. They have even changed the fundamental laws of economics. We are living in an economy that is quite different from the old manufacturing-based economy of the 1980s. Fewer people are now employed in the manufacturing sector, who are anxious about the […]
Why FlevyPro is a Must Have for Independent Consultants and Boutique Firms
FlevyPro is our subscription service for consulting frameworks and business templates. We recently surveyed our subscribers and learned our biggest fans are essentially all independent consultants or owners of boutique consulting firms. We wondered, Why is this the case? The reason, we found, is simple. A core competitive advantage of global consulting firms is they have access […]
Success Secrets of Centuries-old Companies
Companies are dying faster than they used to, according to a BCG study. In 1970, the average public company lasted over 55 years. By 2010, this had dropped to just over 30 years. The risk of a company exiting the market in five years is now 32 percent, compared to 5 percent 50 years ago. […]
The Fatal Flaw in Studying “Best Practices”
No matter what your business issue is, you can always find some “best practices” to analyze, by examining the companies or organizations that have had the most success in dealing with that issue. And many of us think that if we want to have more success ourselves, then all we really need to do is pattern our […]
The Organizational Skill: COMPATHY (Part 2: Analysis of the Case)
Note from the Editor: This is the second of series of 6 articles written by the author, Vardar Çobanoğlu. The full series is a compelling piece on Organizational Behavior, Human Resources, and Corporate Management. You can read part 1 here. You can find the author’s other articles here. * * * * “So much for the case. Let me start […]
Why Lean Initiatives Fail in a Company
Note from the Editor: This is the first of a series of articles written by Charles Intrieri related to Lean Initiatives. In the next article, Charles will review Kaizen, Kanban, and Lean Six Sigma, along with the benefits of implementing a Lean culture. You can read his other articles here. * * * * Lean initiatives are thought of as the use […]
Supervisors Do Things Right, Leaders Do the Right Things
Note from the Editor: Charles Fiaccabrino is a seasoned executive with 50+ years of sales management experience. Charles began his career at Hoffmann La Roche on April 1st, 1969 as the first diagnostics sales representative in the newly formed Diagnostics Division and helped grow the organization into a multi-billion dollar enterprise. During his career at […]
If You Don’t Prioritize Your Life, Someone Else Will
“A ‘no’ uttered from the deepest conviction is better than a ‘yes’ merely uttered to please, or worse, to avoid trouble.” So said Mahatma Gandhi, and we all know how his conviction played out on the world stage. But what is less well known is how this same discipline played out privately with his own […]
How to Best Manage the Effects of Technology on Our Lives
The first two decades of the 21st century has brought upon all of us an array of very perplexed issues and problems which are, by their own nature, very difficult to manage and resolve to any level of satisfaction: Continuing world financial crises; New technical and scientific developments; Starvation of over 1 billion people across […]
Managing in Times of Austerity: 5 Rules of Thumb
There are several terms not so pleasant to our ears that seem to dominate the news lately, terms like sequestration, spending cuts and most of all – austerity. The abundance of these subtractive terms in the media may well mean that they pretty much define the current situation, and we, as Managers, will need to […]
